Times are tough and the entire world is seemingly looking for ways through which to earn a living online. You are probably one of these people. The bad news is that it’s not that easy to start earning money over the internet. It takes time and effort. Most people stumble because they do not know what they are doing. They hear about affiliate marketing and they set out to do it without first carrying out research. If that is what you are doing, you need to STOP RIGHT NOW! You need to first read this affiliate marketing for beginners guide before making serious mistakes. I know, because I have been at it for over a decade. My name is Francisco and my company, Planet Marketing, specializes in Facebook Ads, Google Ads, Affiliate Marketing and Remarketing. Not only am I an affiliate for tens of companies whose services I sell through this website, but I also run my own affiliate marketing program in-house. In fact, I make thousands of dollars through affiliate marketing every month. So, you can be sure that this is not just an article written by someone without an idea what they are talking about. In this post, I am going to;
Affiliate programs are arrangements where an online merchant that’s selling products pays an affiliate website a commission for any sales generated from their referral traffic. The affiliate website places affiliate links pointing to the merchant’s site to track transactions. Each agreement between an affiliate and a merchant features the commission structure and payout information.
You can put up banners on your site, to promote your affiliate offers. Most affiliate programs will usually provide their own creatives when you sign up for their offers. All you have to do is insert the banner on a highly trafficked page (your affiliate tracking is usually embedded within the code). Banner ads in the right locations can do a great job of driving sales.
First things first, choose a niche. You should choose something which interests you, you don’t mind learning about, or have the ability to pay someone else to write about. Consider the potential costs carefully before delving into something which you know absolutely nothing about. Another important aspect is to be confident that it will be a lucrative niche to work in. There needs to be an abundance of products to promote, and the commission levels need to be significant enough to give you a good profit each time a sale is made.
You need to choose a web host: Most people worry about web hosting and whether or not their choice is going to be good enough for their site. However, in most cases, beginner bloggers do not actually need expensive web hosts or web hosting plans. Shared hosting will do for you so you should go for that. I have previously covered a lot of the web hosts that can be found out there. Some of the best are Bluehost, DreamHost and HostGator. You can choose any of these for your site. For beginners, hosting packages cost as little as $3 per month. On top of that, you get a free domain for the first year.
To make money from affiliate marketing, you need to ascertain that the product has a high demand. No matter how much efforts you make, you might make little or no sales, it totally depends on the demand of the product. You need to know if it is what your audience really needs. If you manage to get a reasonable amount of traffic on your site, then you can run a small online survey to get input from visitors.
Not promoting the right products is a common issue with newbie affiliates. Would you purchase the product you are promoting through a website? Think about it. You can advertise a Ford dealership on your website until the cows come home, but will anyone seriously purchase a brand new car via a website without visiting a garage? I don’t think so. Don’t market cars, houses, wedding venues, perfume or dogs online. Do market products people will actually buy from a website without seeing them in the flesh!
Individual sellers and companies offering products or services have to deal with their consumers and ensure they are satisfied with what they have purchased. Thanks to the affiliate marketing structure, you’ll never have to be concerned with customer support or customer satisfaction. The entire job of the affiliate marketer is to link the seller with the consumer. The seller deals with any consumer complaints after you receive your commission from the sale.
The seller, whether a solo entrepreneur or large enterprise, is a vendor, merchant, product creator, or retailer with a product to market. The product can be a physical object, like household goods, or a service, like makeup tutorials. Also known as the brand, the seller does not need to be actively involved in the marketing, but they may also be the advertiser and profit from the revenue sharing associated with affiliate marketing.
When you visit an affiliate company, you’ll be able to choose between a free plan or one that comes with a monthly cost. The premium membership comes with more support, more websites, and a stronger connection to the affiliate marketing community, but if you’re at the point where you’re just dipping your toe in the water to see what it’s like, the free membership option comes with some support for the first week and enough freedom and tools to quickly create a basic website and get going.
It's been over 3 years since I joined Wealthy Affiliate, and it allowed me to earn my first $1,000. But first 8 months, I struggled. That's partly because I was occupied with two other businesses that I had. First one year, my monthly affiliate income was somewhere between $100 - $200. But I knew there was always a big learning curve in the beginning and I was never going to quit.
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I was able to make my first online dollars through Amazon Affiliate sales… It was never much and in the beginning I was just excited to make $10 in a month, which was enough for a free ebook or two. With regular updates and link inclusions in my posts over time I was able to grow the number up to like $300 a month–which I was pretty happy with. Of course the payout rates are paltry compared to a sale of an info product like one from Unconventional Guides, etc. Thing is, people seem to be more open to purchasing physical products rather than information products…
The reason you need to understand this before you learn how to start affiliate marketing is because you need to choose your interest (or interests) wisely. You’ll be spending a lot of time researching and writing about your chosen topics, and so they need to be something you’re passionate about, not just something you think is popular and will get you a lot of traffic. You may be right, but you’ll quickly burn out as you either run out of things to say or you begin to hate your topic instead.